Recently, China Non-ferrous Metal Industry Association silicon branch data show that this week the price of silicon wafers was a circuit breaker decline, including M6, M10, G12 monocrystal silicon wafers transaction average price respectively fell to RMB 5.08/piece, RMB 5.41/piece, RMB 7.25/piece, weekly decline of 15.2%, 20%, 18.4%.
Organic silicon DMC price |Units: yuan/ton
Polycrystalline silicon price | Unit: yuan/ton
The Silicon Industry Branch pointed out that in terms of supply, first -tier companies and professional enterprises have once again reduced the operating rate; in terms of demand, the overall industry chain price reduction terminal is sluggish.
According to the material network, this week, the operating rate of the two front-line silicon film companies has been reduced to 80%and 85%, the operating rate of integrated enterprises remains between 70%-80%, and the operating rate of other companies drops to 60%-70% between. It is noted that last week, the Silicon Industry Branch did not update the silicon wafer quotation. The agency pointed out that the decline this week included the price reduction of the previous two weeks, and the root cause was that the price of silicon material was reduced. Judging from the data of the above data from PV Consulting and other institutions, the average price of M10 and G12 silicon wafers last week was 6.15 yuan/piece, 8.1 yuan/piece, respectively.
According to materials, the short -term concerns of the current market for photovoltaic demand mainly comes from: northern winter has arrived and the national epidemic situation has affected the construction process of photovoltaic projects. Mental.
However, in the past two days, the downstream of the silicon material has just been purchased, and the price of silicon price has maintained stability.
Industrial Silicon: Yesterday, industrial silicon prices were stabilized. According to SMM data, as of December 20, East China Number of Oxygen 553#Silicon was 18400-18600 yuan/ton, down 50 yuan; oxygen 553#silicon was 18800-19100 yuan/ton; 421#silicon at 19900-20000 yuan/ton, a drop of 200 yuan; 521#silicon was 19600-19800 yuan/ton; 3303#silicon was 19900-20100 yuan/ton. At present, the supply of supply has continued to decrease, and the electricity price of Sichuan Sichuan in Yunnan has been raised, and production is reduced. The traffic hindering situation has eased, and the output of Xinjiang is expected to increase. The consumer side continues to increase under the drive of polysilicon. With the decrease in supply and increased consumption, the surplus has eased, and the accumulation of the cumulative library is relieved. However, the overall inventory is still high. The recent price has been weakened. The increase in production costs during dry water, and the estimated price will gradually stop falling and stabilize.
Polysilicon: polysilicon price stability, according to SMM statistics, polysilicon re-feeding quotation 270-280 yuan/kg; Polysilicon compact material 250-265 yuan/kg; Polysilicon cauliflower material quotation 230-250 yuan/kg, granular silicon 250-270 yuan/kg. The production of polysilicon continues to increase, and the signing of orders is weak during the price decline. In the case of the accumulation of silicon wafers and other links, it is expected that the price of polysilicon will continue to fall, but the demand for industrial silicon will maintain a high growth rate due to the increase in production.
Organosilicone: The price of organosilicon fluctuated slightly. According to the statistics of Zhuochuang Information, on December 20th, some manufacturers in Shandong offered DMC 16700 yuan/ton, down 100 yuan; Other manufacturers quote 17000-17500 yuan/ton. The market of organic silicon continues to cool, the terminal market has not recovered, downstream manufacturers just need to purchase, many enterprises stopped production for maintenance or negative operation, the industry as a whole is low at present, under the support of production costs, the price has no room to fall, at the same time, affected by the terminal market, the price is also insufficient, it is expected that the start of organic silicon and the price are stable, difficult to have large fluctuations.
Cinda Securities judgment, as the photovoltaic industry chain price decline trend more clear, the demand for photovoltaic installed next year is expected to be enhanced, short-term demand concerns on the plate is more limited impact. Part of the domestic uninstalled Q4 project or will be completed in next year Q1, 2023Q1 European and American markets or will show a rapid recovery of demand after Christmas, 2023Q1 global PV market or will show a weak season.
In the whole year of 2023, with the cost reduction of the industrial chain, the breakthrough of new technologies and the centralized production volume, the demand of Central Europe is expected to continue to grow rapidly, and the demand of the United States is expected to pick up, and the global demand for PV is expected to grow by about 40%. At present, the valuation of integrated components, inverters, core auxiliary materials and other links has a strong attraction, and it is optimistic about the high growth of photovoltaic demand at home and abroad next year.
Post time: Dec-28-2022